Icahn Enterprises (IEP) Set to Announce Quarterly Earnings on Friday

Icahn Enterprises (NASDAQ:IEP) will be issuing its quarterly earnings data before the market opens on Friday, November 8th. Analysts expect the company to announce earnings of $0.21 per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

Icahn Enterprises (NASDAQ:IEP) last posted its earnings results on Wednesday, August 7th. The conglomerate reported ($0.72) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.91). Icahn Enterprises had a negative net margin of 4.97% and a negative return on equity of 8.62%. The firm had revenue of $2.36 billion during the quarter, compared to analyst estimates of $2.24 billion. During the same quarter in the previous year, the business posted ($0.72) earnings per share. On average, analysts expect Icahn Enterprises to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Icahn Enterprises Stock Performance

NASDAQ:IEP opened at $12.43 on Wednesday. The company has a current ratio of 4.85, a quick ratio of 4.85 and a debt-to-equity ratio of 1.23. The firm has a market capitalization of $5.91 billion, a PE ratio of -10.81 and a beta of 0.78. The firm’s fifty day simple moving average is $13.23 and its 200 day simple moving average is $15.53. Icahn Enterprises has a 1 year low of $9.72 and a 1 year high of $22.59.

About Icahn Enterprises

Icahn Enterprises L.P., through its subsidiaries, engages in the investment, energy, automotive, food packaging, real estate, home fashion, and pharma businesses in the United States and Internationally. The Investment segment invests its proprietary capital through various private investment funds. This segment provides investment advisory and other related services.